Bitcoin

Bitcoin was the first cryptocurrency to ever be created. It’s an open-source, decentralized, peer-to-peer cryptocurrency created by Satoshi Nakamoto, an unknown person or group, who first introduced BTC (or XBT) to the world through an email sent to a cryptography mailing list .

It functions without a central bank or centralized administrator, and its transactions are semi-anonymous. New bitcoins are introduced to the market through a mining process, which rewards those that secure the network through what’s known as a proof-of-work (PoW) consensus algorithm.

Bitcoin’s maximum supply is capped at 21 million, and the very last BTC is expected to be mined in 2140.

Glassnode Metric Points to Bitcoin Potentially Reaching $590,000 on Bull Run

Glassnode says bitcoin’s net unrealized profit/loss (NUPL) index has reached a level that has historically indicated the price will take off to a new order of magnitude.

Mike Novogratz: ‘If Bitcoin Was Easy to Buy the Price Would Have Been a Lot Higher’

On Tuesday (December 1), billionaire investor Mike Novogratz shared his latest thoughts on Bitcoin and cryptocurrency in general. His comments came during an interview with Andrew Ross Sorkin on CNBC’s “Squawk Box“. Former hedge fund manager Novogratz is the Founder and CEO of Galaxy Digital, “a diversified financial services and investment management innovator in the digital […]

BlackRock CEO: ‘Bitcoin Has Caught the Attention and the Imagination of Many People’

On Tuesday (December 1), Larry Fink, Co-Founder, Chairman and CEO of BlackRock, the world’s largest asset manager, said during an interview that “Bitcoin has caught the attention and the imagination of many people.” BlackRock, which was founded in 1988, started with just eight people working in one room. It made its Initial Public Offering on […]

Crypto Analyst Raises 2021 Bitcoin Price Target: ‘$300K Not Out of the Question’

On Tuesday (December 1), with Bitcoin trading around the $18,900 level, prominent on-chain crypto analyst Willy Woo said that his previous Bitcoin price target — $200,000 per BTC by the end of 2021 — “now looks conservative.” Woo says that he is more bullish on Bitcoin in 2021 than ever before for two reasons: The current […]

Kraken’s Bitcoin Strategist: A $100,000 $BTC Cycle Top Is Too Conservative

In a recent interview, Pierre Rochard, Bitcoin Strategist at crypto exchange Kraken, said that the current Bitcoin bull ran could take the BTC price a lot higher than $100K. Rochard, who is also the co-host of “Noded Bitcoin Podcast“, as well as Co-Founder of Satoshi Nakamato Institute, made his comments during an hour-long interview (that […]

$631 Billion Investment Giant: Cryptocurrencies ‘Have a Place in Asset Allocation’

Inigo Fraser Jenkins, Co-Head of the Portfolio Strategy team at Bernstein Research, the research arm of global asset management firm AllianceBernstein (AB), reportedly has notified the firm’s clients via a research note that cryptocurrencies “do have a place in asset allocation.” Before joining AB in 2015, Fraser Jenkins “led Nomura’s Global Quantitative Strategy team.” He started his career at the […]

Bitcoin Has Highest Monthly Close in History, Two Analysts Say $25K By Year End

After setting new all-time highs on multiple crypto exchanges on Monday (November 30) and closing the month at the highest ever price level, at least two crypto analysts now expect the Bitcoin to reach $25,000 by year end. According to the CryptoCompare index (which takes the average of the Bitcoin price across multiple exchanges), the […]

Crypto Analyst Peter Brandt: Bitcoin’s Bull Run Isn’t Over

Crypto analyst and trader Peter Brandt says bitcoin’s bull run may be far from over after the most recent price correction.

Gemini Exchange CEO: ‘Cash Is Trash’, Bitcoin Will Be at Least $500,000 by 2030

During an interview on Monday (November 30), Tyler Winklevoss, Co-Founder and CEO of crypto exchange Gemini, and his twin brother Cameron Winklevoss explained why they expect the price of Bitcoin to reach $500,000 or more within the next decade. Their comments about Bitcoin came during an interview earlier today with Seema Mody and Andrew Ross Sorkin on […]

Bitcoin Whale Moves Massive $428 Million BTC Stash For Less Than $15

A bitcoin whale has moved its massive BTC fortune of 22,816 coins, at press time worth over $423 million, for a fee of little over $15, and split the funds across a series of transactions, with a major wallet receiving a mysterious message. The whale initially moved its massive bitcoin stash to a series of […]

Bitcoin’s Black Friday Sale Seemingly Over, With BTC Now Trading Above $18,500

Although the Bitcoin price dropped to as low as $16,270 last Thursday (November 26, also known as U.S. Thanksgiving Day), the Black Friday sale seems over now, and it does not appear that there will be any Cyber Monday discounts today. Currently (as of 10:48 UTC on November 30), Bitcoin is trading around $18,537, up […]

Financial Historian Dr. Niall Ferguson: ‘Covid-19 Has Been Good for Bitcoin’

Renowned financial historian Dr. Niall Ferguson says that “Covid-19 has been good for Bitcoin and for cryptocurrency generally.”  Some Background According to the bio on his website, Ferguson is currently the Milbank Family Senior Fellow at the Hoover Institution (part of Stanford University), which is “a public policy think tank promoting the principles of individual, economic, and political freedom.” […]

Former Goldman Sachs Exec Raoul Pal Now Has 98% of His Net Worth in Crypto

On Monday (November 30), Raoul Pal revealed that his liquid net worth is almost fully invested in crypto. Prior to founding macro economic and investment strategy research service Global Macro Investor (GMI) in 2005, Pal co-managed the GLG Global Macro Fund in London for global asset management firm GLG Partners (which is now called “Man GLG”). Before that, […]

Investment Firm Cypherpunk Holdings Dumps Altcoins for Bitcoin

Canadian Stock Exchange-listed firm Cypherpunk Holdings sold its entire position in ethereum and monero in order to buy more bitcoin.

What Biden’s Pick for Treasury Secretary Has Said About Bitcoin and Blockchain

This article looks at what Former Federal Reserve Chair Dr. Janet Yellen, the person who is expected to be the next U.S. Treasury Secretary, has said in the past about Bitcoin and blockchain technology. On November 23, the Wall Street Journal (WSJ) reported that President-elect Joe Biden will nominate Yellen to become his secretary of […]

Visa CEO Alfred Kelly: ‘We Are Very Interested in Cryptocurrencies’

In an interview earlier this month, Alfred F. Kelly, Jr., Chairman and CEO of global payments technology company Visa, shared his thoughts on digital currencies. The Visa CEO’s comments came during an interview with Carl Quintanilla at the CNBC Evolve Summit. One of the most interesting questions asked by Quintanilla was what Visa is doing […]

PayPal CEO Dan Schulman Talks About the Value Proposition of Bitcoin

In a recent interview, PayPal President and CEO Daniel Schulman, talked about the value proposition of Bitcoin. As you may remember, on October 21, PayPal announced “the launch of a new service enabling its customers to buy, hold and sell cryptocurrency directly from their PayPal account, and signaled its plans to significantly increase cryptocurrency’s utility […]

Former Goldman Sachs VP Explains Why Bitcoin Price Could Reach $500,000 by 2030

In a recent interview, Hong Fang, who is a former VP at Goldman Sachs and the current CEO of crypto exchange OKCoin, explained why she believes that the price of Bitcoin could reach $100,000 by 2021 and $500,000 by 2030. On 30 August 2019, San Francisco headquartered OKCoin, which was founded in 2013, announced that […]

Guggenheim News Helps ‘Cool’ Bitcoin to Break $18K

At 08:10 UTC on Sunday (November 29), the Bitcoin price surged past the $18,000 level, seemingly on another run toward its all-time high of $19,870 (which, according to the CryptoCompare Index, was reached on 17 December 2017). Although last Wednesday (November 25), the Bitcoin price reached the intraday high of $19,488, a tweetstorm by Coinbase […]

Guggenheim Macro Opportunities Fund Considering Investing Up to $500M in Bitcoin

According to a U.S. SEC post-effective amendment filing made by Guggenheim Funds Trust on Friday (November 27), one of its fixed income mutual funds (“Macro Opportunities”) is considering investing in Bitcoin. Guggenheim Investments is “the global asset management and investment advisory division of Guggenheim Partners and has more than $233 billion in total assets across fixed […]

Bitcoin Consolidates Below $17,000 as Analysts Mull BTC Bull Run May Not Be Over

The price of bitcoin has been consolidating below the $17,000 mark after dropping abruptly from $19,2000 earlier this week, but analysts have been weighing in whether the bull run is over or not: most appear to believe it still has legs. CryptoCompare data shows that BTC is currently trading at $16,800 after losing 1.4% of […]

Popular YouTuber Andrei Jikh Invested $100,000 in Bitcoin and Ether

Popular YouTube personality and content creator Andrei Jikh says he has already nearly doubled a $100,000 investment into bitcoin and ethereum.

Major Australian Firm Pendal Group Trading Gold for Bitcoin

Major Australian investment firm Pendal Group is reportedly turning to bitcoin investing over gold as client demand for crypto-assets increases.

‘Rich Dad Poor Dad Author’ Robert Kiyosaki Says Bitcoin Price ‘Going to the Moon’

On Thursday (November 26), Robert Kiyosaki, the highly successful author of the “Rich Dad Poor Dad” series of personal finance books, gave his latest thoughts on three inflation hedge assets he is fond of—silver, gold, and Bitcoin. “Rich Dad Poor Dad“, which is one of the top 10 personal finance books of all time, “advocates the […]

Crypto Analyst Says BTC Withdrawals From OKEx Not Responsible for Fall in Bitcoin Price

After the price of bitcoin dropped over 10% to $17,200 from a near all-time high, crypto analyst Ki-Young Ju and CEO of on-chain analytics firm CryptoQuant has revealed he believes bitcoin withdrawals being reenabled at popular exchange OKEx were not behind the price drop. On Twitter, Ki-Young revealed that as soon as withdrawals were reenabled […]

Bitcoin Whale Population Hits All-Time High as Large Holders Keep Accumulating

The number of large Bitcoin holders, dubbed “whales,” has hit a new all-time high as data shows that while those with smaller holdings have started selling at different price points, BTC whales kept on accumulating. On-chain market analysis firm Glassnode has revealed on Twitter that the number of bitcoin whales, defined as entities that hold […]

CNBC Asks MicroStrategy CEO Why His Firm Holds So Much Bitcoin

On Wednesday (November 26), Michael J. Saylor, Co-Founder, Chairman, and Chief Executive Officer of Nasdaq-listed business intelligence company MicroStrategy Inc. (NASDAQ: MSTR) explained why his firm is HODLING so much Bitcoin. On August 11, MicroStrategy announced via a press release that it had “purchased 21,454 bitcoins at an aggregate purchase price of $250 million” to use as a “primary […]

VanEck Launches Physically-Backed Bitcoin ETN on Deutsche Böerse

European ETF issuer VanEck has announced the launch of a bitcoin exchange-traded-note (ETN) on the Deutsche Böerse. The ETN will launch on the electronic trading venue of Europe’s third-largest exchange, Xetra. According to ETF Stream, the VanEck Vectors Bitcoin ETN (VBTC) will have a total expense ratio (TER) of 2% and is set to be […]

Mike Novogratz: Every Investor ‘Should Put 2–3% of Their Net Worth in Bitcoin’

On Tuesday (November 24), billionaire investor Mike Novogratz explained why the two cryptoassets he and the institutional investors he knows are most interested in (for investing as opposed to trading) are Bitcoin and Ethereum. Former hedge fund manager Novogratz is the Founder and CEO of Galaxy Digital, “a diversified financial services and investment management innovator in […]

Gemini Exchange CEO Says ‘This Bitcoin Bull Run Is Different’, VanEck Explains Why

On Wednesday (November 25), Tyler Winklevoss, Co-Founder and CEO of crypto exchange Gemini, said the current Bitcoin bull run is different from the one in 2017. Gabor Gurbacs, Director of Digital Asset Strategy at VanEck/MVIS, took note of the Gemini CEO’s comment, and decided to explain why. This was Winklevoss’s tweet: In his blog post, Gurbacs […]

Bitcoin’s Next Price Target Could Be $74,000, Says Technical Analyst

Todd Gordon, founder of TradingAnalysis.com, has argued that the next price target for the flagship cryptocurrency bitcoin is “about $74,000” based on the Elliott Wave theory. While speaking on CNBC’s “Trading Nation,” Gordon noted that it’s hard to give BTC a fundamental value “because there’s pretty much a finite supply,” as only 21 million bitcoins […]

Bitcoin Price Could Reach $500,000, Says Veteran Macro Investor

Dan Tapiero, co-founder of Gold Bullion International, has recently stated he believes the price of bitcoin will outperform gold and surge into six-figure territory over the next few years. During an interview with Anthony Pompliano on the Pomp Podcast, Tapiero claimed that while he believes investors should both gain exposure to gold and bitcoin, the […]

Bitcoin’s Price Could Hit $160,000 in Next Bull Run, Historical Patterns Suggest

As the price of bitcoin surpasses the $19,000 mark and closes in on its previous all-time high near $20,00 seen in December 2017, some are now pointing out that historical patterns suggest its next bull run could take it to $160,000. This as the last three large BTC bull runs saw the cryptocurrency’s price spike […]

As $BTC Price Approaches All-Time High, CNBC’s Jim Cramer Endorses Bitcoin

On Tuesday (November 24), as the Bitcoin price went above $19,300 (which is less than $600 shy of Bitcoin’s all-time high price of $19,870, which was reached on 17 December 2017), CNBC’s Jim Cramer said that that it is not too late to buy Bitcoin. According to data by CryptoCompare, currently (as of 16:55 UTC […]

Japanese Financial Giant SBI Launches Bitcoin Lending Service

Japanese financial services giant SBI Holdings has announced the launch of a new cryptocurrency lending service allowing users to earn an annual interest rate of 1% on their bitcoin holdings, with plans to expand the service to ETH and XRP. In an announcement on the new feature, dubbed ‘VCTrade Lending’ SBI detailed that users will […]

Bitcoin’s ‘Parabolic Rally’: $BTC Price Breaks $19K, Now 4% From All-Time High

Bitcoin’s “parabolic rally” continued on Tuesday (November 24), taking the BTC above the $19,000 level for the first time since 19 December 2017. According to data from CryptoCompare, around 10:00 UTC on Tuesday (November 24), the Bitcoin price surged past $19,000 on its way to an intraday high of $19,095. The last time Bitcoin was […]

Bitcoin Nears $19,000 After Hitting Front Page of the Wall Street Journal

The price of bitcoin has moved up towards the $19,000 mark after gaining visibility among investors via a story on the front page of the Wall Street Journal, that pointed out BTC is trading close to its previous all-time high and has found an audience among institutional investors. The Wall Street Journal’s report pointed out […]

Billion-Dollar Bitcoin Seizure Left Behind Millions in Forked Coins: Report

The U.S. Department of Justice (DOJ) has reportedly overlooked millions of dollars’ worth of Bitcoin forks after the seizure of over $1 billion associated with the notorious now-defunct darknet market Silk Road. According to blockchain analytics firm Coinfirm, The DOJ did not seize a few cryptoassets that they would have had access to using the […]

Coinbase Executive Says Institutional Interest in Cryptocurrency Increased Threefold

Coinbase head of institutional coverage Brett Tejpaul says institutional interest in cryptocurrency has grown more than threefold since the beginning of the year.

Morgan Creek Capital CEO on Macro Tailwinds Supporting Bitcoin’s Bull Run

During a recent interview with CNBC anchor Brian Sullivan, Mark Yusko, the Founder, CEO and Chief Investment Officer of Morgan Creek Capital Management, talked about why Bitcoin is performing so well and why it should continue to do well in the future. When he was asked why this year we have seen a surge in interest in […]

John Lennon’s Son Says Bitcoin Gives Him ‘A Kind of Optimism’

On Sunday (November 22), Sean Lennon, the son of John Lennon and Yoko Ono, talked about Bitcoin during an interview with Max Keiser and Stacy Herbert on the “Orange Pill” podcast. The 45-year old British-American musician, songwriter, and producer, who has been a member of several bands (including “Cibo Matto”, “The Ghost of a Saber Tooth […]

Some Bitcoin Investor Paid $47,000 to Send $194 in BTC

An anonymous bitcoin user paid $47,000 in fees to send just $194 BTC, joining the growing list of crypto users making costly transaction errors.

Pantera Capital CEO on Current Bitcoin Shortage and Why Regulatory Risks Are Low

On Friday (November 20), Dan Morehead, the founder, Co-CIO, and CEO of blockchain-focused investment firm Pantera Capital Management LP (“Pantera Capital”), talked about Bitcoin in the November 2020 issue of his firm’s monthly newsletter (“Pantera Blockchain Letter”). Why U.S Election Results Should Push the Bitcoin Price Higher As Morehead correctly points out, it currently looks there will […]

Bug or Mistake? Trader Pays $82,000 for One Bitcoin

A random trade on Binance resulted in the purchase of a bitcoin for $82,000, causing the BTC/TUSD to momentarily spike to a new all-time high.

Billionaire CEO Admits Not Understanding Bitcoin After $50 Million BTC Trading Loss

The founder and CEO of Japanese multinational conglomerate SoftBank Group, Masayoshi Son, said he does not understand bitcoin and that he lost $50 million investing in BTC after buying high and selling low. Speaking at the New York Times’ DealBook conference, the 63-year-old Japanese billionaire revealed he believes digital currencies will be the future, but […]

Bitcoin Price Could Reach Six Digits by 2022, Bloomberg Analyst Predicts

The price of bitcoin could add a “zero to the back of the number” to hit six digits by 2022, says popular Bloomberg analyst Mike McGlone in his latest bullish prediction for the cryptocurrency. Speaking on Bloomberg TV, McGlone pointed out that BTC’s past performance is potentially indicative of the future, and that looking at […]

Bitcoin Price Smashes through $18,800 Level

According to data from CryptoCompare, around 16:05 UCT on Friday (November 20), the Bitcoin price broke through the $18,800 level for the first time since December 2017. Between 13:30 UTC and 16:10 UTC, the Bitcoin price surged from a low of $18,157 to a high of $18,814, i.e. it went up 3.6% in just 2 […]

Bitcoin Market Cap Surpasses That of Mastercard as BTC Eyes New All-Time High

The total market capitalization of the flagship cryptocurrency Bitcoin has surpassed that of payments giant Mastercard, earning BTC the 16th place in a list of the largest companies in the world by market capitalization. According to monitoring resource Asset Dash, as first reported by Decrypt, the market capitalization of Mastercard is of $332.8 billion, while […]

Heavy Stock Correlation Could Crash Bitcoin’s Price by 25-35%: Report

Santiment data analyst Vlad Antonov says the growing correlation between bitcoin and the stock market is concerning for an eventual price crash.

Which Would You Prefer: A ‘2007 Chevrolet SUV’ or 0.4 Bitcoin?

Jason Williams, co-founder and partner at Morgan Creek Digital, seems to have found this an easy decision. Morgan Creek Digital Assets is a multi-strategy crypto-focused investment firm aimed at institutional clients and wealthy family offices. It was founded by Mark Yusko, Jason Williams, and Anthony Pompliano in 2018, and it is backed by Morgan Creek […]

Poker Players Are Cashing out in Bitcoin to Boost Earnings: Report

Poker players and online gamblers are cashing out in bitcoin in order to increase their earnings and potentially circumvent paying taxes.

$35 Billion Asset Management Giant Providing Bitcoin Product to Clients

Mariner Wealth Advisors, which holds $35 billion in assets under management, is allowing clients access to Eaglebrook’s Bitcoin SMA.

Bitcoin Exchange Traded Product (ETP) Volumes Surge 53% as Crypto’s Price Surges

The aggerate trading volume of bitcoin exchange-traded products (ETPs) has surged 53% over the last 30 days, with several products demonstrating above market returns. According to CryptoCompare’s Digital Asset Management Review, daily ETP volumes increased by an average of 53.5% this month, following BTC’s price rally from little over $10,000 in October to over $18,000 […]

‘That’s a Lot of Zeros’: Grayscale Surpasses $10 Billion in Assets Under Management

Cryptocurrency asset manager Grayscale Investments has seen its total assets under management surpass the $10 billion mark as the price of bitcoin moved past $18,000 on its way to the previous all-time high near $20,000. Barry Silbert, CEO of the Digital Currency Group of which Grayscale is a subsidiary, tweeted out the milestone pointing out […]

Bitcoin’s Market Capitalization Hits New All-Time High

The market capitalization of bitcoin has hit a new all-time high above $330 billion as the flagship cryptocurrency’s price closes in on its all-time high near $20,000.Bitcoin’s market cap, CryptoCompare data shows, is now at $337.5 billion as the cryptocurrency is currently trading above $18,000. Its previous all-time high seen in December 2017 was hit […]

6 Reasons Why This Bitcoin Bull Run Could Have Real Staying Power

Since the current bull started on October 1, Bitcoin has gone up over 74%, with the Bitcoin price currently just 9% from its all-time high. So, what makes this bull ran different from the one that took place in the second half of 2017? According to data from CryptoCompare, Bitcoin started the year at $7,183, […]

Crypto Trader Josh Rager Bullish on BTC and ETH, Says DeFi Token YFL Ready to Take Off

Cryptocurrency trader and strategist Josh Rager says DeFi project YF Link is poised to take off, while also being bullish on bitcoin and ethereum following November’s strong performance.

Buying Bitcoin Has Only Been Unprofitable in 10 Days of its History: Report

Bitcoin has now been profitable for all but ten days in its decade long history, with the price approaching its last all-time high near $20,000.

Mexican Billionaire Reveals That 10% of His Liquid Assets Are in Bitcoin

On Tuesday (November 17), the day that the Bitcoin price broke through the $17,000 level, Mexican billionaire Ricardo Salinas Pliego said that 10% of his liquid Assets are in Bitcoin. Ricardo Benjamín Salinas Pliego is the founder and chairman of Mexican conglomerate Grupo Salinas. On April 7, Forbes declared Salinas Pliego, whose net worth estimated to be $11.7 […]

Billionaire Investor Ray Dalio Admits He ‘Might Be Missing Something About Bitcoin’

On Tuesday (November 17), the day that Bitcoin smashed through the $17,000 level, legendary billionaire hedge fund manager Ray Dalio admitted that his assumptions about Bitcoin might be incorrect. Dalio is the founder, chairman, and co-chief investment officer of Bridgewater Associates. The 71-year American whose net worth is estimated to be around $18.7 billion created asset management […]